1622 S Karlov Avenue
Chicago, Illinois 60623

New / MLS #12741619 / Multiple Unit (2-4) / North Lawndale
Listing information updated 8/24/2026 at 7:43pm
Fantastic opportunity to own a 3-unit building in the heart of North Lawndale! Whether you're an investor looking to maximize rental income or an owner-occupant seeking additional income potential, this property offers incredible flexibility and long-term value. Unit 1 features 2 bedrooms and 1 bathroom, while Units 2 and 3 each offer spacious 3-bedroom, 1-bath layouts with bright living spaces and functional floor plans. The property also includes a convenient coin-operated laundry area, a 2-car parking slab in the rear, and one unit is currently vacant, allowing the new owner to set market rents immediately or move right in. The other two units are tenant-occupied, providing immediate rental income. Conveniently located near schools, parks, shopping, restaurants, public transportation, and major expressways, this is an excellent opportunity to add a turnkey multi-unit property to your portfolio.

Listing Office: Pearson Realty Group

Listing Office Phone: 773.325.2800

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1622 S Karlov Avenue, Chicago, IL 60623 is a multiple unit (2-4) currently listed at $480,000. 1622 S Karlov Avenue features 8 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since August 24th, 2026 and was built in 1908. The nearest transit stops include Pulaski CTA Pink line.